Max'd Out Again: FAA Proposes Inspections For Hundreds Of Boeing 737 Planes Over Seat Installations

"It's Getting Worse": HSBC Warns Commodities Face Squeeze As Chokepoint Chaos Spreads The key takeaway heading into the weekend is that maritime chokepoint chaos has spread from the Strait of Hormuz to the Bab el-Mandeb Strait, while fighting across the Black Sea has intensified between Russia and Ukraine. The widening disruptions have prompted several institutional desks this week to warn that a potential squeeze on physical commodity markets could send prices from energy to agricultural goods higher. "The Middle East conflict has escalated, putting a substantial squeeze back into commodity markets,"...

Israeli Defense Minister Israel Katz said on Wednesday that the Israeli plan to ethnically cleanse Gaza of its Palestinian population, which he frames as “voluntary emigration,” will be implemented at the “right time.” Katz made the comments in a statement on the Israeli killing of Mohammed Odeh, who was targeted by an Israeli airstrike in […]

Nearly 70% Inflation, Mass Layoffs, And A Strangled Economy: Iran's Brutal Test Of Endurance Iran’s economy is undergoing one of the most brutal stress tests in its modern history. Official annual inflation has surged to 50% according to central bank figures released shortly after the ceasefire, while the year-on-year rate reached as high as 67% through mid-April, according to the Wall Street Journal. The rial has crashed to a record low of 1.8 million to the dollar, roughly two million workers have lost their jobs, and the US naval blockade of...